VCI Global (VCIG) said Monday it has acquired 64 Super Micro Computer (SMCI) servers equipped with 512 Nvidia (NVDA) H200 tensor core graphics processing units for more than $25 million to roll out its artificial intelligence cloud business.
The investment, made through its AI Computing Center Malaysia unit, is expected generate roughly $6 million in annual revenue, representing an estimated 20% increase in earnings by next year.
VCI said its unit's first AI computer center in Cyberjaya, Malaysia is expected to go live in Q2.
Shares of VCI rose 21% in recent Monday premarket activity, while Super Micro was down 9%.
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